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City of San Diego Receives High Grades for Sewer Revenue Bonds

San Diego, Calif. – Two credit ratings agencies have given the City of San Diego’s sewer revenue bonds high grades, a positive sign as the City moves forward on making important upgrades and rehabilitating its sewer system infrastructure.

 

Fitch Ratings and S&P Global Ratings have both assigned ‘AA’ ratings to approximately $158 million subordinate sewer revenue bonds, issued by the City’s Public Facilities Financing Authority.